VEREIT controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2017
Former CFO securities-fraud conviction
Former CFO Brian Block was convicted of securities fraud and sentenced to 18 months in prison in connection with the accounting scandal.
2014
Accounting error and governance controversy
American Realty Capital Properties disclosed an approximately $23 million accounting error, dismissed CFO Brian Block and faced allegations in litigation concerning substantial insider fees. The controversy led to leadership changes, a corporate rebrand and prolonged legal proceedings.